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Gregory Schmidt
Posts
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Ford to Cut 4,000 Jobs in Europe as Electric Vehicle Sales Slow
The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.
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Burberry Replaces C.E.O. Amid ‘Disappointing’ Results
The British luxury group appointed Joshua Schulman to replace Jonathan Akeroyd, and said it expected earnings to suffer as an industry downturn deepens.
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Inflation in U.K. Slows to 3.2%, Lowest in More Than 2 Years
As the economy cools, pressure is building on the Bank of England to cut interest rates.
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As Gen X-ers Inch Toward Retirement, They’re Considering Where to Live
The oldest members of Generation X are several years from stopping work, but some are already seeking homes that will suit their later years.
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New Home Sales Continue to Grow
As owners remain reluctant to put their properties on the market, developers are rushing to build new homes to meet demand.
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Netflix to Stream W.W.E.’s ‘Raw’ in $5 Billion Deal
The weekly wrestling program will move to Netflix in 2025 as part of a 10-year agreement that represents a big leap into live events for...
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Why Are Mortgage Rates So High, and How Long Will They Stay Up?
Economists say loan rates are affected by a complicated combination of factors, but there are tactics consumers can use to land a lower rate.
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U.S. Mortgage Rate Jumps to Highest Level Since 2002
The average rate on a 30-year mortgage has been rising again, making it even harder for buyers to afford homes, which are in short supply.
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How Do You Personalize Your Cubicle? We Want to See It.
Once ridiculed as a symbol of homogeneity and ennui, the work space is popular again as employees seek privacy and quiet in the office. How...
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For Many Small-Business Owners, a Necessary Shift to Digital Payments
The pandemic accelerated a transition to cashless payments, forcing a reckoning among small-business owners. But there are benefits: One owner said the switch saved her...